what is innovation challenge
Answers
Answer:
Innovation competition
Description
An innovation competition is a method or process of the industrial process, product or business development. It is a form of social engineering, which focuses to the creation and elaboration of the best and sustainable ideas, coming from the best innovators.
Explanation:
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Innovation challenge :
If we break this , we get innovation & challenge
Innovation ↪To create a knew thing by own ideas or an idea that is been transformed into reality .
Challenge ↪ To compete with others or in other words we can say competition .
Here we can define the words as ,
↪ Challenging or an competion within your organisation related by inventing innovative ideas . As well as giving an invention a good form of representing .
Types of inovation ,
❍ Incremental : innovating an existing product by new ideas !!
❍ Radical : innovating an entirely new way which doesn't exists !!